Read! Statistics of quarterly results of these legendary companies

Tata Steel’s profit decreased

In the third quarter of FY 2025, the consolidated net profit of Tata Steel declined by 36.37 per cent to Rs 326.64 crore on an annual basis. The company’s profits were under pressure due to softening of steel prices in all areas. The net profit was Rs 513.37 crore in the same period of a year ago.
The total revenue on consolidated revenue in the December quarter stood at Rs 53,648.30 crore, a decline of 3.01 per cent over a year ago. The figures are better than expected. Revenue is 3 percent higher than Bloomberg’s estimate. Analysts had estimated a pure deficit for the quarter.

TV Narendran, Chief Executive Officer and Managing Director of Tata Steel said, “The global operating landscape is being affected by geographical and economic recession in major areas. Steel exports from China (on an average of 90 million tonnes per month in 2024) have weakened steel prices globally including India. Tata Steel had a total turnover of Rs 32,930 crore in India in the third quarter, which was Rs 35,014 crore a year ago.

Adaani Wilmer has a profit of Rs 411 crore in the third quarter

Adaani Wilmer’s integrated net profit exceeded double to Rs 410.93 crore in the third quarter of the current financial year. The company said that its profit has increased due to strong sales of edible oils. Adi Wilmer had recorded a net profit of Rs 200.89 crore in the same period a year ago. According to the information given to the stock market, during the December quarter of 2024-25, the company’s total income increased from Rs 12,887.21 crore to Rs 16,926 crore on an annual basis. Revenue from the edible oil section increased from Rs 9,710.82 crore to Rs 13,386.71 crore on an annual basis. Revenue from Food and FMCG section increased from Rs 1,273 crore to Rs 1,558 crore. During this period, the company’s expenditure increased from Rs 12,606.26 crore to Rs 16,379.76 crore. Angashu Malik, Managing Director and Chief Affairs Officer of Adi Wilmer, said, “The company is earning strong profits from the last five quarters. We have made record profits during the quarter. In this, EBITDA (Tax-pre-income) was Rs 792 crore and net profit was Rs 411 crore.

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19.4 percent declines in net profit of Adani Total Gas

Urban Gas distributor Adani Total Gas recorded its consolidated net profit 19.4 percent during the quarter ended October-December 2024 (third quarter of FY 25). This decline has come due to low allocation of cheap gas. During the quarter under review, the company recorded a net profit of Rs 142.4 crore, while net sales increased by 11.9 percent as compared to the same quarter last year and increased to Rs 1,294.5 crore. The company said that more net sales have been helped by a 15 percent increase in joint volume of 257 MMSCM of compressed natural gas (CNG) and piped natural gas (PNG).

ACC profit of Rs 1,092 crore, operational income 5,207 crore

Cement maker ACC Limited has recorded a net profit of Rs 1,091.8 crore in the third quarter of the current financial year ended December 2024. The ACC gave this information to the stock markets. The company made a profit of Rs 537.67 crore in the October-December quarter a year ago. ACC is now part of Adani Cement. The company’s operational income was Rs 5,207.3 crore during the quarter under review. The figure was Rs 4,855.22 crore a year ago in the same period. Significantly, the ACC results cannot be compared to the previous results, as the company acquired the remaining 55 percent stake of the Asian Concrete and Cements (ACCPL) during this period as well as its full -owned subsidiary Asian Fine Cements.

Coal India’s profit declined by 17 percent to Rs 8,491 crore

The integrated net profit of public sector company Coal India Limited in the third quarter of the current financial year ended December 31, 2024 has come down by 17.4 percent to Rs 8,491.22 crore. The company said that its profits have declined due to low sales. Coal India Limited (CIL) gave this information to the stock markets. A year ago, in the same quarter, the company recorded a profit of Rs 10,291.71 crore. The company said that during the October-December quarter of FY 2024-25, its sales fell from Rs 33,011.11 crore to Rs 32,358.98 crore on an annual basis. The total expenditure of this coal sector company increased to Rs 26,201.55 crore during the third quarter of the current financial year, which was Rs 25,132.87 crore a year ago. CIL’s profit increased to Rs 9,646.26 crore during the quarter under review on a single basis, which was Rs 9,316.40 crore in the same period of the previous financial year. The board of directors of the company has declared the second interim dividend of Rs 5.60 per equity share.

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64 percent declines in net profit of Indian Oil Corporation

The net profit of the country’s largest petroleum company Indian Oil Corporation (IOC) has declined by 64 percent during the October-December quarter. The main reason for this is loss on storage and foreign currency exchange. Due to this, the company lost the benefit from fuel record sales. The company said in information to the stock market on Monday that it had a single net profit of Rs 2,873.53 crore in the third quarter of FY 2024-25, which was Rs 8,063.69 crore in the same period of last financial year 2023-24. However, the company’s profit has increased compared to July-September, 2024. The company earned a profit of Rs 189.01 crore in the July-September quarter. IOC Director (Finance) Anuj Jain said that the decline in profit came mainly due to losses in stores and foreign currency exchange. The company suffered a loss of Rs 7,800 crore on storage in the third quarter.

Piramal Enterprises has a profit of Rs 39 crore in the third quarter

Piramal Enterprises Limited (PEL) said on Monday that it earned a net profit of Rs 39 crore in the third quarter ended December 2024. This diversified non-banking financial company recorded a net loss of Rs 2,378 crore in the same period of a year ago. Announcing the quarterly results, Piramal Enterprises also said that the Reserve Bank of India changed the name of PCHFL to Piramal Finance in a letter in a letter on 23 December 2024 to merge with full -owned subsidiary company Piramal Capital and Housing Finance (PCHFL). Has approved

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Canara Bank’s profit up 12.25 percent

The single net profit of the public sector Canara Bank increased by 12.25 percent to Rs 4,104 crore in the third quarter of the current financial year 2024-25. The bank’s profit in the third quarter of FY 2023-24 was Rs 3,656 crore. The bank said in the information to the stock market that its total income in the October-December quarter of the current financial year increased by 11.7 percent to Rs 36,114 crore, which was Rs 32,334 crore in the same period of the last financial year. The bank had a gross non-performance asset (GNPA) ratio of 3.34 percent as of December 31, 2024, which was 4.39 percent till December 31, 2023. Pure non-performing asset
(NNPA) ratio was 0.89 percent till December 2024, which was 1.32 percent by December 2023. Kenra Bank Managing Director and Chief Task Officer K. Satyanarayan Raju said, ‘We have predicted 3.5 percent of gross NPAs. We are already at 3.34 percent. Another quarter is left, we can touch three percent or it can go below three percent. Our forecast is 3.5 percent and we have already achieved it. ‘

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